Word: stockmans
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...reaction that counts, of course, will come in Congress, and Administration officials were deep in plans to counter any foot dragging. David Stockman, Director of the Office of Management and Budget, plans to hold daily press conferences this week, flanked by Cabinet officers who will defend and explain their portion of the spending cuts. White House officials are making themselves available for a blitz of TV appearances, and their Cabinet colleagues are setting up to brief press and special-interest groups...
...after a recess of just ten minutes, Reagan takes a seat in the Cabinet Room for what has been the daily "budget working group" session for the past three weeks. In these meetings, Budget Director David Stockman and heads of Cabinet departments have been going over spending cuts, agency by agen cy and sometimes project by project. Reagan begins the session on a light note...
Despite this manual activity, Reagan pays close attention as Stockman, sitting beside him, leads the group through summaries of proposed reductions. The Bud get Director critiques, harshly, the spending habits of the Export-Import Bank and lays out his proposal. "Anyone have any comment?" Reagan asks. There is virtually no dissent as a large reduction is agreed...
...Stockman wants to end Government subsidy of the synfuels program for a saving next year of $864 million. Energy Secretary James Edwards makes a proforma pitch to save one experimental project - a coal liquefaction plant to be built in West Virginia - but Reagan appears unmoved...
After that, the group breezes through a proposed $125 million reduction in Edwards' administrative overhead. Again Reagan asks for comment, hears none, and says happily: "Good! All right. Turn the page quick." Stockman does not score a clean sweep, however. The Budget Director proposes a steep reduction in subsidies for the maritime industry. Reagan demurs. He later explains: "No maritime nation can look to the future and envision a national emergency in which we could no longer depend on foreign bottoms to carry our cargo." Officially the question is still being studied. In fact, Stockman has lost this round...